Check out the companies making the biggest moves in premarket trading: SolarEdge Technologies — The solar stock tumbled nearly 29% after the company lowered its third-quarter guidance post market Thursday. SolarEdge CEO Zvi Lando cited substantial and unexpected cancellations among the reasons for the cut. On Friday, Deutsche Bank downgraded SolarEdge, Sunrun and Sunnova to hold from buy based on declining demand. Sunrun and Sunnova both fell around 9%, while Enphase Energy dropped 15.7%.
Regions Financial — The regional bank stock fell 4.7% after reporting an earnings per share of 49 cents for its third quarter, less than the 58 cents expected from analysts polled by StreetAccount. Net interest also fell short at $1.29 billion, versus the $1.32 billion expected. Knight-Swift — Shares of the transportation company soared 12.4% after Knight-Swift beat estimates on the top and bottom lines in its third-quarter report.
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